Breather is a flexible workspace provider based in

Montreal Montreal ( ; officially Montréal, ) is the second-most populous city in Canada and most populous city in the Canadian province of Quebec. Founded in 1642 as '' Ville-Marie'', or "City of Mary", it is named after Mount Royal, the triple ...

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

History

Breather was founded by Caterina Rizzi and Julien Smith, the company's CEO. The idea came from Smith when he traveled and found himself working in various coffee shops. Smith is author of three books and often traveled for public speaking events. He founded the company as a way to let people find a quiet space. Breather had a soft launch in

before expanding to

New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...

. As of 2019, the company had more than 500 private workplaces available in 10 major cities. As of June 2018 the company has raised a cumulative $122.5 million in funding. In January 2019, the company announced that Julien Smith would step down as CEO. He was replaced by Bryan Murphy, a former eBay executive. In December 2020, it was reported that the company's US and UK subsidiaries filed for insolvency in order to pull out from leases in over 355 offices. This follows the company's larger plan to reach profitability by 2021, after overspending $120 million USD of the $122 million it had raised in venture funding.

References

External links

Breather official website
{{Company-stub Companies based in Montreal